What happens at the end of my lease contract?

What happens at the end of my lease contract?

It depends on the type of lease contract you opted for, but for PCH you usually you have a choice of simply handing the vehicle back or extending the contract period at a discounted rate. In some cases you might be able to purchase the vehicle from the leasing company that supplied it to you. If you choose to use PCP, then you have the option of either buying the vehicle at the pre-agreed price or handing the vehicle back.